DAMARIS PROJECTS: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DAMARIS PROJECTS
Largest movements
- Tangible fixed assets +€30,304
up €30,304 (+153.3%), from €19,767 to €50,071
of which Furniture and vehicles: +€28,204
- Cash -€21,832
down €21,832 (-78.9%), from €27,663 to €5,831
mainly Investment in fixed assets (net) (-€40,508) and Contributions, distributions and other (-€3,699)
- Receivables within one year -€1,060
down €1,060 (-10.9%), from €9,694 to €8,634
- Other debts +€6,271
up €6,271 (+101.5%), from €6,176 to €12,447
- Profit (loss) carried forward -€3,694
down €3,694 (-43.7%), from -€8,455 to -€12,149
- Reserves +€2,860
up €2,860 (+17.5%), from €16,351 to €19,211
of which Distributable reserves: +€2,860
- Accrued charges and deferred income +€2,232
up €2,232 (+62.7%), from €3,561 to €5,793
- Gross operating margin -€767
down €767 (-3.8%), from €20,150 to €19,383
- Other operating charges -€625
down €625 (-28.0%), from €2,232 to €1,607
- Financial charges +€572
up €572 (+32.6%), from €1,754 to €2,326
- Depreciation +€401
up €401 (+4.1%), from €9,803 to €10,204
- Taxes -€326
down €326 (-12.0%), from €2,707 to €2,381
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,124 | €64,536 | +€7,412 | +13.0% |
| Fixed assets | 21/28 | €19,767 | €50,071 | +€30,304 | +153.3% |
| Tangible fixed assets | 22/27 | €19,767 | €50,071 | +€30,304 | +153.3% |
| Plant, machinery and equipment | 23 | €1,481 | €3,581 | +€2,100 | +141.8% |
| Furniture and vehicles | 24 | €18,286 | €46,490 | +€28,204 | +154.2% |
| Current assets | 29/58 | €37,357 | €14,465 | -€22,892 | -61.3% |
| Amounts receivable within one year | 40/41 | €9,694 | €8,634 | -€1,060 | -10.9% |
| Trade receivables | 40 | €9,694 | €8,634 | -€1,060 | -10.9% |
| Cash at bank and in hand | 54/58 | €27,663 | €5,831 | -€21,832 | -78.9% |
| Total equity and liabilities | 10/49 | €57,124 | €64,536 | +€7,412 | +13.0% |
| Equity | 10/15 | €14,096 | €13,262 | -€834 | -5.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,351 | €19,211 | +€2,860 | +17.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €14,491 | €17,351 | +€2,860 | +19.7% |
| Profit (loss) carried forward | 14 | -€8,455 | -€12,149 | -€3,694 | -43.7% |
| Amounts payable | 17/49 | €43,028 | €51,274 | +€8,246 | +19.2% |
| Amounts payable after more than one year | 17 | €30,000 | €30,000 | = | 0.0% |
| Financial debts | 170/4 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €9,467 | €15,481 | +€6,014 | +63.5% |
| Trade debts | 44 | €934 | €977 | +€43 | +4.6% |
| Suppliers | 440/4 | €934 | €977 | +€43 | +4.6% |
| Taxes, remuneration and social security | 45 | €2,357 | €2,057 | -€300 | -12.7% |
| Taxes | 450/3 | €517 | €200 | -€317 | -61.3% |
| Remuneration and social security | 454/9 | €1,840 | €1,857 | +€17 | +0.9% |
| Other amounts payable | 47/48 | €6,176 | €12,447 | +€6,271 | +101.5% |
| Accrued charges and deferred income | 492/3 | €3,561 | €5,793 | +€2,232 | +62.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,803 | €10,204 | +€401 | +4.1% |
| Other operating charges | 640/8 | €2,232 | €1,607 | -€625 | -28.0% |
| Gross operating margin | 9900 | €20,150 | €19,383 | -€767 | -3.8% |
| Operating profit (loss) | 9901 | €8,115 | €7,572 | -€543 | -6.7% |
| Financial charges | 65/66B | €1,754 | €2,326 | +€572 | +32.6% |
| Recurring financial charges | 65 | €1,754 | €2,326 | +€572 | +32.6% |
| Profit (loss) for the period before taxes | 9903 | €6,361 | €5,246 | -€1,115 | -17.5% |
| Income taxes | 67/77 | €2,707 | €2,381 | -€326 | -12.0% |
| Profit (loss) for the period | 9904 | €3,654 | €2,865 | -€789 | -21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,654 | €2,865 | -€789 | -21.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.